Elite Material (2383) Q1 2026 earnings summary

Executive summary

• Achieved significant revenue and profit growth in 1Q26, with strong performance across all key financial metrics.

• Expanded market share in premium laminate segments, maintaining global leadership in mSAP, HDI, and high-speed green laminates.

• Enhanced technology differentiation and scale, with proprietary HDI and mSAP capabilities and increased production capacity.

Financial highlights

• Revenue reached NT$33,067M, up 32.7% QoQ and 52.5% YoY.

• Net income was NT$5,339M, up 42.9% QoQ and 54.0% YoY; EPS NT$14.90, up 42.7% QoQ and 48.9% YoY.

• Gross margin at 29.4%, operating margin at 21.6%, and net margin at 16.2%.

• Return on equity improved to 43.4% from 31.5% in the previous quarter.

Outlook and guidance

• Production capacity expansion planned through 2027, targeting 9.45M sheets/month.

• Sustainability goals include a 30% carbon reduction by 2030.